OptionsI note in Canadian Insider that options have been granted to management (see below). I find the timing curious. I have been a shareholder for many years (at least 7-8) and my recollection is options have always been mentioned first in the year end report which comes out in late March and they then take affect after based on a 5 day average of the share price.
Anyone know why things appear to be have been done differently this year ?
Zoldie, if you know a brief answer will suffice lol.
Winstar Resources Ltd. (WIX) | As of March 4th, 2011 |
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Mar 03/11 | Mar 02/11 | O'connor, James Vincent | Direct Ownership | Options | 50 - Grant of options | 26,600 | |
| Mar 03/11 | Mar 02/11 | Giblin, Bradley Kenneth | Direct Ownership | Options | 50 - Grant of options | 48,989 | |
| Mar 03/11 | Mar 02/11 | McMECHAN, Roger George | Direct Ownership | Options | 50 - Grant of options | 48,989 | |
| Mar 03/11 | Mar 02/11 | Monachello, David Angelo | Direct Ownership | Options | 50 - Grant of options | 48,988 | |
| Mar 03/11 | Mar 02/11 | de Mestral, Charles Alfred | Direct Ownership | Options | 50 - Grant of options | 48,988 |